Word: grummans
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After our years of effort at morale building to boost production in our plants, TIME [Sept. 11] tops them all with its story on the Grumman Co. and the planes it builds. I'm sure that all of the 22,000 people in our organization have read this story, and that their pride in their organization has been given a real boost. Each one will work just a little harder to see that the Navy continues to get the planes they need-when they need them...
...Navy is equally sure that Grumman's realism pays. Production per pound per man is the highest of any Navy plane contractor (in June it was 60% above the average for the entire aircraft industry). And the price of Grumman planes, less motors and other Government-furnished equipment, has come down to an estimated $33,500, about a third under the contract price (the company gets one-fifth of the saving, the Navy the rest...
...Schedules. At war's end, if all U.S. plane contracts are canceled at one swoop, Grumman will have no choice but to "shut the doors" until he can find a market. But this contingency is remote. Grumman, with no cutbacks in the offing, this week goes back on a six-day week because of slightly increased schedules. And the shock of the end of the European war may be cushioned. The Navy may shift the bulk of plane contracts back to the old-line planemakers so that the automakers, et al., can get back to peacetime products...
...Postwar Grumman has a large place in the Navy's plans. Only a month ago the Navy finished building a $4,000,000 engineering and experimental building at Bethpage, bringing their investment at Grumman...
...contracts to keep the staff busy for two years. The Navy does not know what kind of planes it will need in five years, nor how many it can then afford. But if the Navy can afford to keep only one plane company in business, that company will be Grumman...